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Tuesday Night Opinions @ 10:20 PM CST - 1/26/2021

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Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. :twothumbs:



*** Petra *** ...the G7, the EU, the World Bank and IMF have all come out in support of the white papers...they can't wait too long.  They've got to move...they just need to vote on the budget and they're ready to do that once the rate is inserted into the's getting to the point where it's at the apex.  Everything is there...I think we are in a fantastic position.  Better than I thought we'd ever be.  We're down to the nitty-gritty here because everything is ready to go...


*** Pimpy *** ...things are looking good.  It looks to us that finally some type of agreement is going to be finalized between Erbil and Baghdad That's going to help with the '21 budget.  I love the fact that they're increasing the budget from $42/barrel of oil to $45.  That means much more of the deficit will be taken care of.  Nothing will be added to the deficit.  The fact that oil is much higher than they budgeted for is great.  It's a surplus.  That's also going to help them with the foreign currency reserves...these are positive steps going in the right direction...




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    • By ronscarpa
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    • By ronscarpa
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    • By ronscarpa
      Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
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      *** Jeff *** Remember I'm not a financial advisor.  This is nothing more than my opinion.  I strongly feel the rate will come in around the $3.80 range.  That's my personal opinion...

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